13632 -36 Cerise Avenue

Property Overview
Located in the transitional Hawthorne, that has been going through development and gentrification over the last 5-10 years. This property benefits from a strategic location with proximity to major highways, public transportation, schools, and shopping centers. Investor can increase rents on 3 out of the 6 units to increase the return on investment or an investor can sell each unit individually for a higher return on investment. Hawthorne has a stable rental market with a strong demand for housing making this property a solid investment choice and further stabilized via regular tenancy leases. Hawthorne benefits from a diverse local economy with opportunities in retail, healthcare, education, and manufacturing, ensuring a steady pool of potential tenants. The property has historically maintained low vacancy rates due to its attractive location and well-maintained units. With .44 of an acre of land, there is potential of development for a higher density. Please check with the City of Hawthorne and or your desired professionals.
Home Details
- Property type
- ResidentialIncome
- Year built
- 1959
- Living area
- 4,920 sq ft
- Lot size
- 19,529 sq ft
- Parking
- 6 spaces
- Garage
- 6 spaces
- Days on market
- 8
- MLS status
- Active
- Architectural style
- Bungalow
- Zoning
- HAR3*
Features & Amenities
Appliances
- Dishwasher
- Gas Cooktop
- Disposal
- Gas Oven
- Microwave
- Oven
- Refrigerator
- Washer
Parking
- Assigned
- Covered
Lot
- Value In Land
Security
- Carbon Monoxide Detectors
- Gated Community
- Smoke Detectors
Community, Schools & Utilities
Utilities
- Heating
- WallFurnace
- Cooling
- None
- Water
- Public
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions
Homeowner resources
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